West Asia conflict drives steel prices higher, impacting Indian MSMEs
after close1 source ↓written by the desknot a recommendation
- in domestic hot-rolled
- 23% increase
- per barrel
- $108-$119
- coking coal reached
- $218.4/t
The ongoing conflict in West Asia is significantly raising operational costs for steel manufacturers, leading to a 23% increase in domestic hot-rolled coil (HRC) prices since November 2025. Brent crude prices have surged to $108-$119 per barrel, while Australian coking coal reached $218.4/t. These factors are straining smaller companies in the sector.
Not investment advice. For informational purposes only.